Investment Fund

Share Class

Summary

Internal Prompt
Balances growth and income. Offers exposure to a mix of global stocks and bonds that can temper the impact of volatility while seeking capital appreciation and income opportunities.
Price at NAV $17.08 as of 4/15/2024 (updated daily)
Fund Assets (millions) $13,426.7
Portfolio Solutions Committee Members
7
Expense Ratio
(Gross/Net %)
0.70 / 0.70%
Prospectus (PDF)

Asset Mix

U.S. Equities48.3%
Non-U.S. Equities19.0%
U.S. Bonds22.7%
Non-U.S. Bonds5.5%
Cash & Equivalents
4.5%
As of 3/31/2024 (updated monthly)

Fund Statistics

5.6 years
Effective Duration
5.2%
Average Yield
to Worst
4.2%
Average Coupon
% of net assets as of 3/31/2024 (updated monthly)

Market Capitalization

79.1%
Large
17.2%
Medium
3.6%
Small
$104,061.70 Million
Weighted Average


As of 12/31/2023 (updated quarterly). Morningstar data as of 12/31/2023 (updated quarterly).

Growth of 10K

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High & Low Prices

Internal Prompt

Returns at NAV

Returns with Sales Charge

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11.67%
1-year return
7.18%
5-year return
6.67%
10-year return
1.76%
30-Day SEC Yield
Returns as of 3/31/24 (updated monthly). Yield as of 3/31/24 (updated monthly).

Description

Fund Objective
The fund's investment objectives are to provide current income and long-term growth of capital and income.
Distinguishing Characteristics
Pursues its investment objectives by investing in a mix of American Funds in different combinations and weightings.
Types of Investments
The underlying American Funds may represent a variety of fund categories such as growth funds, growth-and-income funds, equity-income funds, balanced funds and bond funds.
Portfolio Restrictions
Will invest at least 45% of its assets in common stocks and other equity investments, and through its investments in the underlying funds, will invest at least 25% of the value of its assets in bonds and other debt securities (including money market instruments).

Fund Facts

Fund Inception 5/18/2012
Fund Assets (millions)
As of 2/29/2024
 $13,426.7
Companies/Issuers
Holdings are as of 3/31/2024 (updated monthly).
 3056+
Shareholder Accounts
Shareholder accounts are as of 3/31/2024
 23,062
Regular Dividends Paid
Mar, Jun, Sep, Dec
Minimum Initial Investment $250
Capital Gains Paid
Dec
Portfolio Turnover (2023) 9%
Fiscal Year-End Oct
Prospectus Date 01/01/2024
CUSIP 02630Y 21 6
Fund Number 1050

Returns

Internal Prompt

Month-End Returns as of 3/31/24

Returns at NAV
| With Sales Charge
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CBAAX
S&P 500 Index
ANNUAL RETURNS CHART

Quarter-End Returns as of 3/31/24

Internal Prompt

Volatility & Return

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Equities

For Class 529-A Shares, this chart tracks the 10-year standard deviation
and 10-year annualized return of the equity funds
CBAAX
S&P 500 Index
Other AF Funds
Standard Deviation as of 03/31/2024 (updated monthly) . Annualized return as of 03/31/2024 (updated monthly) .
VIEW LARGER CHART
Internal Prompt

Yield

12-month
Distribution Rates
30-day SEC Yield
Fund at NAV 2.08% N/A
Fund at MOP 2.01% 1.76%
As of 3/31/2024 (updated monthly)

Valuation

Price/ Price/ Price/
Book
Cash Flow
Earnings
Fund 2.95 11.15 16.46
S&P 500 Index
3.80 13.90 19.90
Fund as of 12/31/23. Index as of 12/31/23.

Portfolio Solutions Committee

Years of Experience with Fund
Years of Experience with Capital Group
Years of Experience with Investment Industry
Alan N. Berro 12 33 38
Michelle J. Black 4 22 29
Brittain Ezzes 1 2 26
Samir Mathur 4 11 31
Wesley K. Phoa 12 25 30
John R. Queen 4 22 34
Andrew B. Suzman 12 30
A boldface number indicates that years of experience with Capital Group is equal to years of experience with investment industry.

Ratings & Risk

Morningstar Rating TM


Overall Morningstar RatingTM
Funds rated(686)
3-yr. Morningstar RatingTM
(686 funds rated)
5-yr. Morningstar RatingTM
(646 funds rated)
10-yr. Morningstar RatingTM
(487 funds rated)
Overall Morningstar Risk Average
HIGH
LOW
Category
Moderate Allocation
ADVANTAGES AND DISADVANTAGES OF MORNINGSTAR RATINGS
Ratings are based on risk-adjusted returns as of 3/31/2024 (updated monthly).

Risk Measures

Fund
Standard Deviation
10.03
Sharpe Ratio
0.58
For the 10 Years ending 3/31/24 (updated monthly).
American Funds
Benchmark
Morningstar
Benchmark
S&P 500 Index
Morningstar Mod Tgt Risk TR USD
R-squared
92 97
Beta
0.63 1.00
Capture Ratio (Downside/Upside)
68/62 99/106
American Funds Benchmark for the 10 Years ending 3/31/24 (updated monthly).
Morningstar Benchmark for the 10 Years ending 3/31/24 (updated monthly).
U.S. Treasuries/Agencies
4.1%
AAA/Aaa
8.9%
AA/Aa
1.7%
A
4.7%
BBB/Baa
4.6%
BB/Ba
2.3%
B
1.0%
CCC & Below
0.3%
Unrated
0.7%
Cash & equivalents
4.6%
% of net assets as of 3/31/2024 (updated monthly)

Average Life Breakdown

0-4.9 Years
11.2%
5-9.9 Years
13.1%
10-19.9 Years
2.0%
20-29.9 Years
1.8%
30+ Years
0.2%
% of net assets as of 3/31/2024 (updated monthly)

Holdings

Equities Breakdown

Sectors | Top Industries
Equity Fund Holdings
 Information technology 13.7%
Health care 9.9%
Financials 9.1%
Industrials 8.7%
Consumer discretionary 5.9%
Consumer staples 5.2%
Communication services 4.6%
Energy 3.9%
Materials 2.9%
Utilities 2.2%
Real estate 1.1%

% of net assets as of 3/31/2024 (updated monthly)

Bonds Breakdown

Geographic Breakdown

Regions
United States
71.0%
Europe
12.6%
Asia & Pacific Basin
6.3%
Other (Including Canada & Latin America)
5.6%
Cash & equivalents
4.5%
% of net assets as of 3/31/2024 (updated monthly)

Prices & Distributions

Internal Prompt

Historical Prices Month-End

2024

Historical Prices Year-End

Internal Prompt

Historical Distributions as of 04/15/24

FIND HISTORICAL DISTRIBUTIONS
2024
Record
Date		 Calculated
Date		 Pay Date
Income Dividend Regular
Income Dividend Special
Cap. Gains Long-Term
Cap. Gains Short-Term
Reinvest NAV
03/25/24 03/25/24 03/26/24 $0.0491 $0.00 $0.00 $0.00 $17.53
2024 Year-to-Date: Dividends Subtotal: $0.0491 Cap Gains Subtotal: $0.00
Total Distributions: $0.0491

Fees & Expenses

Internal Prompt

Fees

Annual Management Fees 0.00%
Other Expenses 0.12%
Acquired (Underlying) Fund Fees and Expenses 0.34%
Service 12b-1 0.24%
As of each fund's most recent prospectus.
Internal Prompt

Expense Ratio

CBAAX 0.70%
Lipper Balanced Funds Average
--%
Fund as of most recent prospectus. Lipper Category as of -- (updated quarterly).

Resources

Prospectuses & Reports for CBAAX